the premium for 2 - day shipping is 40%. what is the cost to ship 2,000 lbs of goods from denver to kansas…

the premium for 2 - day shipping is 40%. what is the cost to ship 2,000 lbs of goods from denver to kansas city (620 miles) using 2 - day shipping? distance (miles) 0 - 200 201 - 400 401 - 600 601 - 800 801 - 1000 price per 100 lbs $100 $120 $200 $240 $400 $?

the premium for 2 - day shipping is 40%. what is the cost to ship 2,000 lbs of goods from denver to kansas city (620 miles) using 2 - day shipping? distance (miles) 0 - 200 201 - 400 401 - 600 601 - 800 801 - 1000 price per 100 lbs $100 $120 $200 $240 $400 $?

Answer

Explanation:

Step1: Determine base - price per 100 lbs

The distance is 620 miles. According to the table, for a distance in the 601 - 800 miles range, the price per 100 lbs is $240.

Step2: Calculate the base - cost for 2000 lbs

The number of 100 - lb units in 2000 lbs is $\frac{2000}{100}=20$. So the base - cost without premium is $240\times20 = 4800$ dollars.

Step3: Calculate the premium amount

The premium is 40% of the base - cost. The premium amount is $0.4\times4800 = 1920$ dollars.

Step4: Calculate the total cost

The total cost is the base - cost plus the premium, so $4800+1920=6720$ dollars.

Answer:

6720